We all want to do more with less, yet this can feel impossible when trying to grow our real estate portfolio. More properties means more work, right? Fortunately, it doesn’t have to. There are ways to scale your portfolio without also scaling your to-do list. Ways to Scale Your Investment Portfolio
Read the article → Risk is inherent to any investment strategy. We make decisions about the future based on what we know today. And while there are smart ways to go about doing this, we can never completely eliminate the possibility that our investment will fall short. The good news is that when your investment does w
Read the article → Determining market rents in Franklin County shouldn’t be a puzzle, but for many people, it feels like they’re on the hunt for an elusive piece they need to create the perfect picture. And because they fear they might be missing something the entire process becomes more overwhelming than it needs to
Read the article → Choosing to sell your home or rent it out for income requires you to make a financial calculation, but more than that, it also requires you to make some emotional decisions. Before sitting down with a spreadsheet to run the numbers, first have a heart-to-heart with yourself and really think through
Read the article → Predicting cash flow on a rental property requires you to make certain assumptions about income and expenses. Whereas predicting income can be more straightforward, understanding expenses can feel rather ambiguous. We often get asked if there is a good rule of thumb for predicting operating costs on
Read the article → Turning your single-family home into a rental property can be a good way to bring in additional cash flow and capitalize on other benefits and incentives that come with owning real estate. A question many property owners have, however, is how they will finance their new home if they choose to rent o
Read the article → When you’ve owned a property for more than seven years (either living in it or not), you’re often sitting on a good chunk of equity. When you find yourself in that position, a common question that flits past one’s mind, should you hold onto the property and rent it out for income or sell
Read the article → Just because you’re small doesn’t mean you can’t be mighty. There are many apartment amenities that even small apartment buildings can add or enhance to attract new residents. Here’s a run-down of a few popular features to include if you’re looking to draw in more tenant interest. Enhance technology
Read the article → There are numerous tax benefits to investing in Ohio real estate, and these benefits are a big reason many investors choose to diversify their portfolio by purchasing single- or multi-family rental properties. Below we’ll discuss several tax implications and benefits of investing in real estate in C
Read the article → Navigating insurance options is always tricky no matter the type of insurance. For property investors, wading through the numerous insurance coverage offerings and policies can feel especially overwhelming, but it’s imperative to protect yourself against property losses, claims from a tenant, or pot
Read the article → If you’re new to property management or you’re entering a new market as a real estate investor, setting rent rates might feel overwhelming. Fortunately, it’s a data-driven process that really shouldn’t require any guesswork at all. Here are some tips to help you determine how much to charge for rent
Read the article → You might feel tempted to pull out all the stops when trying to fill a vacant rental property. Don’t. Even if it takes a little longer to find a good applicant, it’s worth the extra time you may need to seek out a high-quality tenants. That said, it doesn’t necessarily mean you can’t offer incentive
Read the article → It’s no surprise that 99.9 percent of our lease applicants find us through digital real estate websites. Because an online presence is so important to securing new tenants, you might be wondering if you should also consider amping up your digital marketing to fill vacant units. Read on for some insi
Read the article → Whenever tenants renew their lease, that’s one less vacancy you have to worry about. Keeping your vacancy rate low means more money in your pocket and less hassle trying to find new residents while turning over the unit. You want to do everything you can to extend a resident’s lease term, and you r
Read the article → You’ve done all the right things to secure a high-quality tenant. You have a great resident in your property who pays their rent on time, is not disruptive and follows the rules. Now, the question is, how do you keep them? Ways to Retain a Resident at Renewal While surprising to some, studies sugges
Read the article → Whether you already own real estate in the greater Columbus area or are from out of state and looking to expand your portfolio, Central Ohio has a lot to offer in terms of boosting your portfolio. As home to one of the largest universities in the country, a strong tech industry and plenty of arts
Read the article → Owning investment properties requires you to put a lot of trust in other people. By extending a lease agreement to a tenant, you are relinquishing some control of what happens in your property and entrusting strangers to take good care of it. It can certainly be a nerve-wracking experience for newbi
Read the article → Operating costs consume a large portion of your monthly expense budget, and they’re likely to only go up, especially if you do nothing. Rising energy costs and inflation make managing the day-to-day necessities of property ownership in Columbus challenging. That’s why it’s imperative to find ways to
Read the article → Real estate is strong and steady. If you’ve been in the industry for some time now, whether as an investor or property manager (or both), and are starting to feel comfortable with the process, you may feel ready to grow (regardless of the economy and interest rates). As you prepare to expand your
Read the article → Spoiler alert, it snows in Columbus. While it may not amount to the same level of snow other areas of the U.S. get, it still can be significant, and it can still significantly affect a property owner’s budget. Per data we’ve collected on multifamily rental property expenses, landscaping and snow re
Read the article → Strong lease agreements are not only good for you as a property owner or landlord, but they also help protect your tenants. Rental lease agreements that are specific and detailed help reduce miscommunication and disputes as well as indicate responsibility for who will handle what in terms of the ren
Read the article → Investing in rental properties is thrilling and dynamic. It also can be a lot of work, especially as your portfolio grows. To be successful with your investment, it can help (though it’s certainly not required) to have a dedicated team managing your properties. While many owners enjoy managing their
Read the article → Property management companies offer a full suite of services, but sometimes even those familiar with how they operate forget or misunderstand exactly what services and responsibilities a property manager handles for owners and investors. In this post, we’ll explain three of the primary activities pr
Read the article → Just as your tenants sign a lease agreement before they begin living in your rental property, so too must you as a property owner sign an agreement with the property management company you’ve selected to work with. This agreement, like all business contracts, should be thorough and specify the terms
Read the article →